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South Korea Labour Productivity Growth

1983 - 2017 | Quarterly | % | CEIC Generated

Korea's Labour Productivity dropped by 1.29 % YoY in Jun 2017, compared with a growth of 1.45 % in the previous quarter. Korea's Labour Productivity Growth data is updated quarterly, available from Sep 1983 to Jun 2017, averaging at 3.79 %. The data reached an all-time high of 16.36 % in Mar 1984 and a record low of -1.87 % in Dec 2008. CEIC calculates Labour Productivity Growth from quarterly Real GDP and monthly Employment. The Bank of Korea provides Real GDP in local currency, at 2010 prices. Statistics Korea provides Employment. Employment excludes Foreign Nationals working within the country.

In the latest reports, Korea's Population reached 51.25 million people in Dec 2016. Its Unemployment Rate dropped to 3.60 % in Jul 2017. Monthly Earnings of Korea stood at 2,883.33 USD in May 2017. The country's Labour Force Participation Rate dropped to 63.70 % in Jul 2017.

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What was South Korea’s Labour Productivity Growth in Jun 2017?

Last

Previous

Min

Max

Unit

Frequency

Range

1.29

Jun 2017

1.45

Mar 2017

-1.87

Dec 2008

16.36

Mar 1984

%

quarterly

Sep 1983 - Jun 2017

Updated on Jul 2017

View South Korea's Labour Productivity Growth from Sep 1983 to Jun 2017 in the chart: